Regional Mena startups raised $297 million in April 2022 Startups in the Middle East and North Africa region (Mena) raised $297 million across 29 deals in April 2022 a drop of just $2 million... Wamda • 12 May, 2022 Investment
Regional Startups in Mena raised $299 million in March 2022, pushing Q1 funding to $934 million Startups in the Middle East and North Africa region (Mena) raised $299 million across 79 deals in March 2022, a 22 per cent decrease... Wamda • 14 April, 2022 Investment
Regional Why is there a lack of investment in startups founded by women? In January and February of 2022 alone, startups in the Middle East and North Africa (Mena) raised $622 million. To have broken the half a... Wamda • 08 March, 2022 women entrepreneurs Investment
Regional Mena startups raised $247 million in January 2022 Startups in the Middle East and North Africa region (Mena) raised $247 million across 46 deals, a 20 per cent increase month-on-month and a... Wamda • 17 February, 2022 Investment
Regional Investment in women-founded startups at 1.2 per cent of $2.87 billion raised in 2021 It was a year in which many records were broken - the largest funding round to date, the highest number of deals, and the arrival of... Wamda • 26 January, 2022 wamda Investment
Regional Mena startups raised $206 million in December 2021 Startups in the Middle East and North Africa region (Mena) raised $206 million in December 2021 across 44 deals, a 27.5 per cent decrease... Wamda • 06 January, 2022 Investment
Regional Tourist VCs and their impact on emerging market ecosystems There is a rising number of foreign VCs investing in the Middle East. Of the 10 Egyptian startups that raised investment in September, four... Thought Leadership • 17 October, 2021 Egypt Investment
Regional Startups in Mena raised $338 million in September 2021 Startups in Mena raised almost $338 million across 37 deals in September, a 111 per cent rise month on month and a whopping 3000... Wamda • 07 October, 2021 Investment
Regional Mena startups raised $632 million in July 2021 Startups raised almost $632 million in July across 77 deals, a record-breaking month thanks mostly to Kitopi’s $415 million Series C... Wamda • 10 August, 2021 Investment
Regional Mena startups raised $267 million in June 2021, pushing Q2 investment to $552 million Startups in Mena have raised $267 million across 44 deals in June, propelling the second quarter investments to more than $552 million, a... Wamda • 08 July, 2021 Investment
Regional Mena startups raised $110 million in May 2021 Startups in Mena raised almost $110 million across 35 deals in May. While it is a marked drop when compared to April, it is still an... Wamda • 06 June, 2021 Investment
Regional Mena startups raised $175 million in April 2021 Growth in investment continued last month as 44 startups across the Middle East and North Africa (Mena) raised more than $175 million in... Wamda • 06 May, 2021 Investment
Regional Mena startups raised $160 million in February 2021 Startups in Mena raised a whopping $160 million in February this year across 43 deals, driven largely by debt financing. UAE-based startups... Wamda • 09 March, 2021 Investment
Regional FENIX completes $5 million Seed investment UAE-based micromobility operator FENIX has completed its $5 million Seed round, after securing a $1.2 million second close led by Saudi... News • 24 February, 2021 mobility Seed funding Investment
Bahrain Tarabut Gateway raises $13 million Bahrain-based open banking platform Tarabut Gateway has closed a seed funding round of $13 million, hailed to be the largest fintech seed... News • 23 February, 2021 Tarabut Gateway Fintech Seed funding
Bahrain Flat6Labs Bahrain distributes $250,000 among cohort winners Flat6Labs Bahrain announced that eight startups have received $250,000 investment as part of its sixth cycle, which concluded after a... News • 22 February, 2021 Flat6Labs Investment accelerator
Saudi Arabia VoM secures $670,000 pre-Seed round Saudi Arabia-based cloud accounting and e-invoicing platform VoM has closed a pre-Seed investment round of SAR2.5 million ($670,000). The... News • 18 February, 2021 Investment VoM Financial management
Saudi Arabia Savola Group establishes CVC arm with two investments Saudi Arabia-based food and retail conglomerate Savola Group has established a corporate venture capital (CVC) arm and has completed two... News • 15 February, 2021 foodtech Last mile egrocery
Saudi Arabia Raqamyah raises $2.3 million investment Saudi-based fintech peer-to-peer (P2P) lending platform, Raqamyah, has secured a $2.3 million investment round led by Impact46 with... News • 15 February, 2021 Fintech Investment Impact46
Regional Mena startups raised $43 million in January 2021 The year began with a rather respectable amount raised in funding at $43 million, across 37 deals. This is $11.5 million more compared to... Wamda • 11 February, 2021 Investment
U.A.E ONE MOTO secures seven-figure investment Electric motorcycle and e-bike startup ONE MOTO, has raised a bridge round, via crowdfunding platform Eureeca. The investment was led by... News • 07 February, 2021 mobility Electric vehicles One Moto
U.A.E MySyara secures $650,000 in pre-Series A round Dubai-based online automotive platform, MySyara, has secured a $650,000 pre-series A funding round. The investment was facilitated by JRC... News • 03 February, 2021 MySyara automotive Investment
U.A.E Hotdesk secures seed funding from ZVC Dubai-based workspace platform Hotdesk, has secured seed funding from Zayani Venture Capital (ZVC) - the tech and venture capital arm of... News • 01 February, 2021 workspace Investment seed fund
Regional Kitch launches in Saudi Arabia and the UAE Cloud kitchen and store-front operator, Kitch, has officially launched in Saudi Arabia and the UAE, after privately raising $15... News • 01 February, 2021 Cloud kitchens Food & Beverage Investment